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Yancoal Australia Ltd Board/Management Information 2021

Dec 16, 2021

50858_rns_2021-12-16_c31d0a64-8fa8-4e35-b5cb-a6a0f79d9558.pdf

Board/Management Information

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YANCOAL AUSTRALIA LTD ADDRESS: Tower 2, 201 Sussex Street Sydney NSW 2000 PHONE: 61 2 8583 5300 FAX: 61 2 8583 5399 WEBSITE: www.yancoal.com.au

17 December 2021

ASX Release:

SUPPLEMENTAL ANNOUNCEMENT – VARIATION of CEO EXECUTIVE SERVICE AGREEMENT

The Company refers to the announcement published by Yancoal Australia Ltd ( Yancoal or the Company ) on 9[th] March 2020 regarding the appointment of Mr David James Moult as Yancoal’s Chief Executive Officer ( CEO ) effective 9[th] March 2020.

The board (the Board ) of directors of Yancoal, is pleased to announce a variation of Mr Moult’s position as CEO, which was for an initial period of two years from 9[th] March 2020, to an executive service agreement with no fixed term. Aside from this variation, the material terms of Mr Moult’s executive service agreement remain unchanged and consistent with the terms that were previously announced on 9[th] March 2020.

The Board is pleased to be working with Mr Moult into the future to continue growing and expanding the business.

END

Authorised for lodgement by the Board of Yancoal Australia Ltd Investor Relations Contact: Brendan Fitzpatrick, GM Investor Relations Email: [email protected]

Additional information about the Company is available at www.yancoal.com.au

YANCOAL AUSTRALIA LTD | 1